Question: Question 22 10 points Save Answer Dewey Corporation has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle?
Question 22 10 points Save Answer Dewey Corporation has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? Do not round intermediate calculations. Round your answer to the nearest day Annual sales - $53,000 Annual cost of goods sold $37.100 Inventory- $4,000 $2,000 Accounts receivable $2.400 Accounts payable - a 25 days b. 28 days 0.36 days d. 33 days O. 30 days
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